settlement

Meanings

1. 1
   noun

   An official agreement that ends a dispute, often without going to court.

   The two companies reached a settlement before the case went to trial.

2. 2
   noun

   A place where people have come to live, such as a village or small community.

   The first settlement in the valley was founded over two hundred years ago.

3. 3
   noun

   The act of paying money that is owed.

   The bank required full settlement of the debt by the end of the month.

4. 4
   noun

   The process of people moving into and starting to live in a new area.

   The settlement of the region began after the railway was built.

From settle + -ment.

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